12811 Austin Avenue, Cleveland, OH 44108

$124,900
4
BD
2
BA

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List Price
$124,900
Status
ACTIVE
Days on Market
1
MLS#
5241156
Subtype
Residential Income
Year Built
1921
Bedrooms
4
Bathrooms
2
Full Baths
2
Acres
0.07
Subdivision
Euclid View Allotment
Neighborhood
Euclid View Allotment
MLS Area Major
Cleveland

Property Description

Fully occupied two-family property featuring a total of 4 bedrooms and 2 bathrooms. Both units are rented to long-term, reliable tenants on month-to-month leases, providing immediate cash flow with room to increase rental income (current medium value $1,140, market potential up to $1,813). Located in a stable rental area, this property offers tons of opportunity for investors seeking to expand their portfolio with a proven income-producing asset. Hot water tank is 4 years old and the furnace is 7 years old. The rood was replaced 3 years ago. Strong rental demand and flexible lease terms make this a smart buy-and-hold or value-add opportunity!

Additional Information

Taxes
$1,159
Heating
Forced Air
Air Conditioning
Window Unit(s)
Levels
Three Or More
Roof
Asbestos Shingle
Parking Features
Driveway
Garage Spaces
2
School District
Cleveland Municipal - 1809

Listing Courtesy of: Vernard Jones, vernardjones@icloud.com With EXP Realty, LLC.

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